Oracle shares closed down 25 cents, or 0.88%, at $28.32 on Friday. SAP's stock was down 41 cents, or 0.81%, at $50.29 at close of play.

Politics and technology both made the headlines this week as a result of President Obama's trip to Asia. Speaking in Mumbai on Monday, the president announced that the U.S. will be lifting controls on high-tech exports to India, a move which could potentially boost Silicon Valley.

Tech earnings season is wrapping, but there are still a few heavyweights left to report. Tune into TheStreet Thursday, when Dell ( DELL) will (hopefully) announce how sales of its first smartphones are faring. Small business bellwether and financial software provider Intuit ( INTU) also reports.